18,750 Square Foot Retail Space For Sale @ 55 Crowell Road, Covington, GA 30014

55 Crowell Road, Covington, GA 30014

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David T.

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ANNUAL RENT: $147,072
18,750 SQFT / GLA
3.45 ACRES w/ DEDICATED TURN LANE
YEAR BUILT: 2003
1 STORY / 15 - 1250 SQFT UNITS
CONCRETE SLAB FOUNDATION
ALUMINUM FRAMING
REINFORCED CONCRETE WALLS
METAL ROOF
ASPHALT PAVING
60 PARKING SPACES - 3.16/100
EACH UNIT CENTAL HVAC
SPRINKLERS
SHEETROCK / ACOUSTICAL TILE
ZONED C3

Location Description:
2 miles south of interstate 20 in a rapidly growing and stable area.

Highlights:
■ 67% 0CCUPIED (CURRENTLY)
■ GROSS RENT $147,072
■ EXPENSES $ 44,779
■ NET INCOME $106,493
■ CAP RATE 7.89%
■ PROFORMA (STABILIZED)
■ GROSS RENT $209,572
■ EXPENSES $ 64,134
■ NET INCOME $151,438
■ CAP RATE 11.22%

Pricing: $1,350,000

Availability: Now

Listing ID: 706796

Suite	Space Type	Pricing	Size
---	Retail Space	For sale: $1,350,000	18,750 sqft
55 CROWELL RD. COVINGTON, GA 30014 ANNUAL RENT: $160,770 18,750 SQFT / GLA 3.45 ACRES w/ DEDICATED TURN LANE YEAR BUILT: 2003 1 STORY / 15 –... or view detailed page

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Sale Price: $1,350,000

Size: 18,750 square feet

Type: Retail Space

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